According to the fund managers polled at a recent Portfolio Adviser Emerging Market event, the outlook for the emerging markets depends in part on which parts of Trump’s plan hold sway over the course of the year. While a protectionist US is unambiguously bad for EM, infrastructure-led fiscal stimulus could well be a significant opportunity.
PA Expert Insight: Trump-led US not all bad for EM
The prospect of a more protectionist US and the continued strength of the dollar has seen emerging markets sell off in the wake of Donald Trump’s election to the White House. But, there remain telling reasons why investors should not write them off in 2017.
